USDCHF Daily Forecast Oct 28 2014

Outlook in USDCHF remains neutral , support comes at the 0.9360 levels while resistance comes at the 0.9575 levels . On the downside , losing the 0.9360 levels on a daily closing basis will resume fall from the 0.9686 levels towards the 0.9300 levels , a halt is likely , but losing the 0.9300  levels will continue losses towards the 0.9175/0.9125  levels .

On the upside , resistance comes at the 0.9575 levels , a clear break would open mains resistance at the 0.9686 levels , a halt is likely , but a breach would open 0.9750 next , further upside will aim the 0.9840 levels.

In all , the USDCHF is likely to consolidate within 0.9360/0.9575 range before the next move , above the 0.9575 levels will turn focus on the 0.9686/0.9750 levels , while below 0.9360 will open 0.9300 ahead of 0.9175/0.9125 levels.

USDCHF Daily Forecast Oct 28 2014

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